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20130113
20130121
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CBS
Jan 14, 2013 12:00pm PST
. we'll talk about that coming up. >> thank you. >>> the house is back in session today and president obama wasting no time this morning making it very clear to lawmakers what he expects in the coming days. danielle nottingham has more from the white house. >> reporter: it was the president's last news conference of his first term and he made his position clear, he will not negotiate with congress over raising the debt limit. president obama is calling on congress to raise the government's borrowing limit. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. and we are not a deadbeat nation. >> reporter: without a deal, the government could run out of money to pay its bills by late february or early march. but republican leaders are demanding significant spending cuts in exchange for any agreement to raise the debt ceiling. in a statement, senate minority leader mitch mcconnell says the debted limit is the time to get on reducing spending. gun control is also an issue. >> responsible gun owners, people who have a gun for
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